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Company type | Private |
---|---|
Industry | Online Education |
Founded | 1 July 2016 |
Founders |
|
Fate | Active |
Headquarters | , |
Area served | India |
Products | Doubtnut |
Parent | Allen Career Institute [2] |
Website | doubtnut |
Doubtnut is an Indian educational app started by Tanushree Nagori and Aditya Shankar. Doubtnut is available as an Android application on Play Store or by accessing its official website. [1]
On December 4, 2023, Allen Career Institute acquired Doubtnut for US$10 million. [3] [4]
The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level. [1] [5] To find the solution to a question, one has to upload an image depicting the question. The app extracts text from the image and tries to match it in its database of questions which are pre-answered, having recorded video solutions. If it finds a match, then the result is provided to the user otherwise it asks the user to post their question publicly for tutors available on the platform to provide a video explaining their query.[ citation needed ]
In 2019, Omidyar Network and WaterBridge invested about $470,000. [6] In January 2020, the company raised $15 million in Series A round of funding from Tencent Holdings, and existing investors Sequoia Capital and Omidyar Network India. [7] [8]
In 2022, the company secured 224 crore in Series B funding, with SIG and Lupa Systems leading the investment. Existing investors, including Sequoia Capital India, Omidyar Network India, and Waterbridge Ventures, also participated in the round. [9]
On December 4, 2023, Allen Career Institute acquired Doubtnut for US$10 million. [3] [4]
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